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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating activities:    
Net income $ 93,960,000 $ 83,510,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Net amortization/accretion of premium/discount on securities 4,309,000 4,775,000
Depreciation, amortization and accretion 468,000 (6,181,000)
Provision for loan losses 7,184,000 6,931,000
Gain on mortgage loans sold, net (4,878,000) (3,744,000)
Investement losses (gains) on sales, net (1,960,000) 30,000
Stock-based compensation expense 4,913,000 4,448,000
Deferred tax expense 8,702,000 8,513,000
Gains on dispositions of other real estate and other investments (50,000) (481,000)
Income from equity method investment (13,290,000) (9,360,000)
Dividends received from equity method investment 12,666,000 4,324,000
Excess tax benefit from stock compensation (769,000) (2,681,000)
Gain on commercial loans sold, net (611,000) (936,000)
Commercial loans held for sale:    
Loans originated (80,117,000) (80,193,000)
Loans sold 82,225,000 87,960,000
Consumer loans held for sale:    
Loans originated (243,870,000) (247,025,000)
Loans sold 229,286,000 254,266,000
Increase in other assets (6,517,000) (9,302,000)
Increase (decrease) in other liabilities 59,720,000 (13,901,000)
Net cash provided by operating activities 155,291,000 80,893,000
Activities in securities available-for-sale:    
Purchases (312,605,000) (590,328,000)
Sales 126,579,000 14,454,000
Maturities, prepayments and calls 72,813,000 81,737,000
Activities in securities held-to-maturity:    
Maturities, prepayments and calls 15,000 0
Increase in loans, net (462,940,000) (683,710,000)
Purchases of software, premises and equipment (2,110,000) (8,806,000)
Proceeds from sales of software, premises and equipment 53,000 164,000
Proceeds from sale of other real estate 840,000 4,663,000
Purchase of bank owned life insurance policies (60,000,000) 0
Increase in other investments (12,582,000) (836,000)
Net cash used in investing activities (649,937,000) (1,182,662,000)
Financing activities:    
Net (decrease) increase in deposits (368,466,000) 52,039,000
Net decrease in securities sold under agreements to repurchase (4,043,000) (3,398,000)
Advances from Federal Home Loan Bank:    
Issuances 1,147,500,000 762,000,000
Payments/maturities (470,014,000) (105,014,000)
Decrease in other borrowings, net (520,000) (30,000)
Principal payments of finance lease obligation (55,000) (39,000)
Exercise of common stock options, net of repurchase of restricted shares (3,357,000) (3,649,000)
Payments for Repurchase of Common Stock (30,049,000) 0
Common stock dividends paid (12,545,000) (10,974,000)
Net cash provided by financing activities 258,451,000 690,935,000
Net decrease in cash, cash equivalents, and restricted cash (236,195,000) (410,834,000)
Cash, cash equivalents, and restricted cash, beginning of period 721,692,000 779,597,000
Cash, cash equivalents, and restricted cash, end of period $ 485,497,000 $ 368,763,000